- The tenant, Captain D’s LLC, recently exercised an early extension option, extending the lease an additional 5 years (11 years total), and has 2 (10-year) options remaining, demonstrating their commitment to the site
- The lease features 1.25% annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation
- Captain D’s is the nation’s leading fast casual seafood restaurant with 540+ locations nationwide



